去碳化以竞争：巴西低碳水泥和钢铁 工业的征程 市场分析、政策及投资机会，以推动巴西工业转型至低碳 经济。 由英国PACT资助 由气候债券倡议组织编制 Decarbonize to Compete: A Path towards Low-Carbon Cement and Steel Industry in Brazil Climate Bonds Initiative 2 1. 执行摘要 3 2. 引言 4 3. 行业概览 5 4. 水泥和钢铁工业排放源 8 5. 融资 11 6. 政策和监管机制 13 7. 市场机遇与创新 17 8. 结论与建议 19 参考文献 21 摘要 气候债券倡议 A Climate Bonds Initiative (Climate Bonds) é uma organização internacional que trabalha para mob ilizar capital global para a ação climática. Ela pro move o investimento em projetos e ativos necess ários para uma ...

【环球网财经记者 田刚】2月25日至26日，中国再度迎来新一轮的主场外交高潮，德国总理默茨对中国 进行为期两天的正式访问，让全球目光聚焦东方。 这是默茨自2025年5月就任德国总理以来的首次访华，也是继法国总统马克龙、爱尔兰总理马丁、芬兰 总理奥尔波和英国首相斯塔默之后，近3个月又一位访问中国的欧洲国家领导人，更是农历马年首位到 访中国的外国领导人。 此举在向世界宣告，中德是合作共赢的全方位战略伙伴，中德合作互惠互利、两国高层交往密切、务实 合作持续深化，为两国人民带来实实在在的利益。 中国国际贸易学会常务理事、全球化智库（CCG）高级研究员何伟文在接受环球网记者采访时也强 调："默茨访华标志着中德双方通过高层互动，重新确认了全面战略伙伴关系的合作基调。" " 自默克尔时代以来最大规模 " 的商务代表团 有德国媒体称此次访问是"默茨从未如此细致地准备过一次出行"，背后是德国经济正面临下行压力，对 美出口下滑、在美投资经营不确定性上升，促使德国产业界更加迫切地开拓中国市场以对冲风险。 根据德国联邦统计局刚刚公布的数据，2025年中德双边贸易额高达2518亿欧元，中国再次超越美国成为 德国最大贸易伙伴。德国《莱茵 ...

Group 1 - The company has established a propylene oxide facility with an annual capacity of 300,000 tons, utilizing the HPPO (Hydrogen Peroxide Propylene Oxide) technology developed by Evonik and ThyssenKrupp, which is noted for its environmental friendliness, advanced technology, and minimal by-products [2]

西方的忧心忡忡，从来都不是担心中国的发展，而是担心自己的垄断地位被打破、既得利益受损。长期以来，西方凭借技术优势，在全球产业链中占据上 游，通过技术封锁、高价销售收割红利，而中国超级钢的问世，直接打破了这种格局。美国媒体直言"供应链警铃大作"，欧盟紧急组建"钢联盟"试图设限， 美国更是出台出口管制政策，禁止向中国出口相关生产设备，但这些举措，终究没能挡住中国科技升级的步伐。 很多人可能不懂3200兆帕意味着什么，简单来说，每平方毫米的这种钢材，能承受3200牛顿的拉力，相当于指甲盖大小的钢片，就能吊起三辆家用轿车。更 难得的是，它打破了传统钢材"强度越高越脆"的魔咒，在零下269℃的极寒环境中，依然能保持30%的延展性，还能扛住20特斯拉的超强磁场，这可是地球 磁场的40万倍。 放在十年前，这样的钢材对中国来说，想都不敢想。那时，高端特种钢的技术被德国蒂森克虏伯、日本新日铁等企业死死攥在手里，他们不仅垄断配方和生 产工艺，还掌控着全球定价权。中国造航母、建高铁、搞航空航天，都得花高价进口800兆帕级别的钢材，不仅成本高昂，还得看人脸色，一旦遇到技术封 锁，整个项目都得停滞。 为了打破这一困局，中国科研团队默默 ...

Group 1 - The company is confident in bringing its materials services business to the capital markets, with the specific timing depending on market conditions [1]

Core Insights - Thyssenkrupp is considering a potential spin-off, IPO, or divestiture of its materials trading division as early as this year, while exploring changes to the legal structure of the business to maintain control in the event of a majority stake sale [1] Group 1 - The materials services division accounts for over one-third of Thyssenkrupp's total sales, indicating its significant role within the company [1] - This discussion around the materials services division marks a step towards comprehensive reform under CEO Miguel Lopez, following the spin-off of the defense division and ongoing negotiations to sell the steel division [1]

Group 1 - Thyssenkrupp expresses confidence in taking its materials services business to the capital markets, indicating that the timing will depend on market conditions [1]

Group 1 - The Chief Financial Officer of Thyssenkrupp stated that the current pension liabilities related to the steel business amount to approximately €2.4 billion [1]

Group 1 - The core point of the article is that TKMS has reached a record backlog of $22 billion and has raised its sales forecast for 2026 due to increased demand for naval vessels amid escalating geopolitical tensions [1][3] - The company benefits from the ongoing trend of defense stocks being favored by investors, influenced by the Ukraine war and U.S. pressure on Europe to enhance military capabilities [1][3] - The growth momentum is also attributed to the spin-off from its former parent company Thyssenkrupp, allowing TKMS to more effectively participate in global submarine tender projects worth billions of euros, particularly in India and Canada [1][3] Group 2 - TKMS CEO Oliver Burkhard stated that the demand for advanced maritime defense capabilities remains high due to the current geopolitical situation [2][4] - The company expects sales to grow by 2% to 5% in 2026, an increase from the previous forecast of a decline of 1% to an increase of 2%, which is above the average forecast of 2.9% from LSEG [2][4] - Financial results show a 1% decline in sales for Q1 of the fiscal year 2025, amounting to €545 million ($649 million), with adjusted operating profit remaining stable at €26 million, while the company aims for an operating profit margin exceeding 6% this year [2][4]

Core Insights - ArcelorMittal S.A. has formalized a long-term amendment to its Mineral Development Agreement with the Government of Liberia, extending its iron ore mining rights through 2050 with an option for an additional 25 years [1][7] Investment and Expansion Plans - The revised agreement, approved by Liberia's legislature, supports ArcelorMittal's $1.8 billion expansion plan, which will increase its total investment in Liberia to approximately $3.5 billion [2] - The expansion aims to boost iron ore shipments from about 5 million tons per annum (mtpa) to 20 mtpa by 2026, with potential growth up to 30 mtpa depending on further infrastructure upgrades [2] Infrastructure and Logistics Enhancements - The deal includes significant logistics improvements, such as upgrades to the Tokadeh–Buchanan rail corridor and port facilities to accommodate higher export volumes, while ensuring reserved rail access for ore transportation [3] Financial Implications - ArcelorMittal will make a $200 million payment to the Liberian government for the extension of mining rights and reserved railroad access, which is expected to enhance government revenues through increased royalties and taxes [4] Market Performance - Shares of ArcelorMittal have increased by 97.6% over the past year, outperforming the industry growth of 54.3% [6]